Guys like ge's Jack welch broke the social contract with employees and Reagan broke the unions then Gw sent jobs overseas.
And the rich have never been richer. Rich Republicans are happy and don't know what you're crying about.
By the way unemployment is down and wages are up thanks obama
Idiot Jack grew GE into a $130 billion dollar a year giant 10x larger than it was when he took over. His executive leadership program at GE grew and developed many of the executives who would go on to be the CEO's of other fortune 500 companies. You should get down on your knees and kiss his feet.
He grew the company by giving American jobs to Third World countries. The 1% made money, Jack and his executives made money, but money made offshore, stays offshore so the American people who lost their jobs made no money and received unemployment.
Furthermore, the taxes on profits made offshore stay their too, while GE became too big to fail, there was little benefit to the US economy or to US taxpayers. Dividends paid to the wealthy are taxed at a lower rate than wages or salaries so again, GE's success has no benefit to you unless you own stock.
You are a liar, lets rate your post...lie, lie, true, lie, lie, lie, ignorant, true, lie. Goddamn how many Pinocchio's is that in one post?
Lets get some facts on the table shall we. GE had a manufacturing campus in NY for nearly 100 years. It employed over 70,000 workers at its peak. Today less than 2,000 so what happened? Yes the greedy bastard Democrats killed the golden goose. They taxed GE like vampires using it as a slush fund to spend like there's no tomorrow to the point that GE finally said enough and began moving the jobs to other states.
GE then sued the Democrats for the abusive taxation and won in court, forcing the city to give millions back to GE which it didn't have. So the city cranked up the taxes on homeowners who then fled in horror, killing not only the GE campus and jobs but the city itself.
Today the city is a shit hole where the poor live, high crime, and high taxes. The Democrats raised the taxes so high that they hit a NY State constitutional limit on how high you can raise taxes holy shit, the first city to ever raise taxes to that level in NY State.
So don't go blaming the GE CEO.